On July 1, 2014, Univest Corporation of Pennsylvania (the "Corporation") and its
insurance subsidiary, Univest Insurance, Inc., issued a press release announcing
the acquisition of Sterner Insurance Associates, Inc., a full service firm
providing insurance and consultative risk management solutions to individuals
and businesses throughout the Lehigh Valley, Berks, Bucks and Montgomery
counties.

The Corporation paid $3.9 million in cash and assumed liabilities of $0.9
million at closing with additional contingent consideration to be paid in
annual installments over the three-year period ending June 30, 2017 based on the
achievement of certain levels of revenue growth and EBITDA (earnings before
interest, taxes, depreciation and amortization). The potential cash payments
that could result from the contingent consideration arrangement range from $0 to
a maximum of $5.7 million cumulative over the next three years. A copy of this
press release is attached to this Current Report on Form 8-K as Exhibit 99.1.

Item 9.01 Financial Statements and Exhibits.

(a) Not applicable

(b) Not applicable

(c) Not applicable

(d) Exhibits

Exhibit
No. Description of Document

99.1 Press release issued by Univest Corporation of Pennsylvania on July 1, 2014